Facebook wants to rewire the way the world works — There's a lot to take in when it comes to the much-anticipated Facebook IPO filing — the company's massive user base of 845 million (more than half of whom log on at least once a day), the $1 billion in net income it made last year, the almost $4 billion in revenue, and so on.

The Old-School Value of Facebook — The New York Times's curtain-raiser on the Facebook IPO this morning asks, “Personal Data's Value? Facebook Is Set to Find Out.” — But is that really what Facebook is set to find out? The Times says about all this private data …

Josh Fox arrested at hearing — Photo courtesy of the office of Rep. Paul Tonko — Oscar-nominated documentary filmmaker Josh Fox was arrested Wednesday morning after attempting to film a House Science Committee hearing on hydraulic fracturing. — Fox was led out in handcuffs …

Wall Street Journal Co-Anchor to Move to CNBC — Kelly Evans, who became a video star at a place not known for that sort of thing, The Wall Street Journal, is moving to the television network CNBC. — Ms. Evans will be an on-air reporter for the network, the CNBC senior vice president Nik Deogun …

Tumblr Hires Writers to Cover Itself — The popular social blogging site Tumblr is hiring writers and editors to cover the world of Tumblr. — Chris Mohney, a senior vice president for content at BlackBook Media, will be the site's editor in chief. Jessica Bennett, a senior writer …

The Daily After One Year: Some Lessons Learned — A year ago, The Daily launched with much fanfare. News Corp. CEO Rupert Murdoch declared, “We believe The Daily will be the model for how stories are told and consumed in this digital age.” — If nothing else, it has proven that the future never travels in a straight line.

AOL's Armstrong: Some Patches DID Turn Profitable in 2011 — Armstrong. Image by Getty Images North America via @daylife — It's not like AOL chairman Tim Armstrong to hide his light under a bushel, but when it comes to Patch, the company's hyperlocal network, he may have done just that on this morning's earnings call.

An Apple TV set in 2012? — The hardware is the easy part. The trick is to get Hollywood on board — “Apple enters markets to reinvent them,” wrote Piper Jaffray's Gene Munster in a note to clients Tuesday reiterating his oft-repeated conviction that Apple's (AAPL) next big thing is an Apple-branded television set.

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